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Index Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

S&P 500 COMMERCIAL BANKS INDUSTRY (CME:SP500-401010)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SP500-401010
Open High Low SP500-401010 Price Change
443.48 449.59 439.60 448.44 +6.90
Entry Signal

MarketClub’s Trade Triangles for SP500-401010

long term down The long term trend has been DOWN since Dec 18th, 2018 at 405.90

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 418.49

short term up The short term trend has been UP since Dec 28th, 2018 at 394.63

Smart Scan Analysis for SP500-401010

Based on a pre-defined weighted trend formula for chart analysis, SP500-401010 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SP500-401010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
443.48 449.59 439.60 448.44 +6.90
Prev. Close Volume Bid Ask Time
414.14 0 2019-01-18 16:43:15
52wk High534.7352wk High Date2018-01-29
52wk Low433.6152wk Low Date2018-10-24
Want to analyze S&P 500 COMMERCIAL BANKS INDUSTRY SP500-401010 or another symbol? Try our Free Index Trend Analysis Report.